Carel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Carel Industries has a total shareholder equity of €413.5M and total debt of €172.3M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are €842.2M and €428.6M respectively. Carel Industries's EBIT is €67.0M making its interest coverage ratio 7.1. It has cash and short-term investments of €88.3M.
Key information
41.7%
Debt to equity ratio
€172.32m
Debt
| Interest coverage ratio | 7.1x |
| Cash | €88.33m |
| Equity | €413.52m |
| Total liabilities | €428.63m |
| Total assets | €842.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRLM's short term assets (€321.8M) exceed its short term liabilities (€172.1M).
Long Term Liabilities: CRLM's short term assets (€321.8M) exceed its long term liabilities (€256.5M).
Debt to Equity History and Analysis
Debt Level: CRLM's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: CRLM's debt to equity ratio has reduced from 102% to 41.7% over the past 5 years.
Debt Coverage: CRLM's debt is well covered by operating cash flow (49.7%).
Interest Coverage: CRLM's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:46 |
| End of Day Share Price | 2024/10/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Carel Industries S.p.A. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michele Baldelli | BNP Paribas Exane |
| Luigi De Bellis | Equita SIM S.p.A. |
| Alessandro Cecchini | Equita SIM S.p.A. |